Minor ports in India do not act as a growth engine unlike in developed countries. Mere development of infrastructure will not make them financially viable. Strategy must focus on creating economic epicentres around minor ports India has a coastline of 7500 km and is studded with 12 major ports and close to 200 minor ports.... Read More
It’s troubling that women have a higher rate of mental ailments than men. The need is to guide them so that they can emerge from the inner recesses of conservative and patriarchal households Women in India have traditionally been perceived to be two-three times more vulnerable than men to mental ailments stemming from psycho-social factors... Read More
Government’s biodiesel programme holds the potential of sustainable entrepreneurship development and meeting all three objectives of economic growth — social equity job creation and environmental sustainability The Government’s launch of a biodiesel programme represents a unique case for the development of numerous sustainable entrepreneurs employment generation empowerment of the subaltern masses by providing them ownership/occupational... Read More
India though an early mover in the biofuel sector failed to embrace rewards from one of the safest and cleanest of energy sources. To tap this precious resource the Government has to formulate a new strategy After lying in limbo for a few years concomitant with low oil prices India’s biofuel sector made headlines recently.... Read More
India is in dire need of a long-term national logistics plan that can help minimise gaps reduce costs align developmental projects so we can all reap economic benefits In today’s world economic climate changes more quickly and countries realise that globalisation has made the world smaller and more competitive. Also customers seek products and services... Read More
Delhi has emerged the most-attractive State for investors improving its position on the think-tank National Council for Applied and Economic Research (NCAER)’s 2018 State Investment Potential Index. Gujarat previously No 1 slipped two places to the third position. The surprise elements in the index named N-SIPI was Tamil Nadu which moved up four places to... Read More
Chief Economic Adviser Arvind Subramanian Wednesday said that it is not possible for the diverse Indian economy to have one uniform Goods and Services Tax (GST) across the country. The useful debate in fact can be whether there can be three GST rates instead of the present four rates with the possibility of reevaluating the... Read More
The GST Council may consider reduction in tax rates on host of items with low revenue implications as part of the tax rationalisation exercise in its next meeting on July 21. The items which could be considered for cutting of tax rates might include sanitary napkins handicrafts and handloom goods besides certain services. Several industry... Read More
Subramanian who had often batted for policy rate rate reduction said tighter monetary and fiscal policies were needed to hold the line at the time of shocks. Amid the demand for cut in taxes on fuel outgoing chief economic advisor (CEA) Arvind Subramanian on Wednesday said oil windfall should have been used for stepping up... Read More
Public sector oil companies need to be transparent in their price fixation policies. Policymakers also need to question whether our oil companies/refineries are efficient by world standards. Only then can one identify the ex-post and ex-ante factors behind the high domestic oil price The spikes in petrol and diesel prices are the focus of attention... Read More